ADMIRAL HOTEL AS

5058 BERGEN

Finances

Share Ownership

Return on Equity

2,2 %

Current Ratio

1,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 876 000	19 927 000	24 680 000	6 092 000
Net Income	9 168 000	3 474 000	7 704 000	1 917 000
Total Assets	440 267 000	429 476 000	430 033 000	431 559 000
Total Equity	416 441 000	416 441 000	416 441 000	394 435 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 876 000	19 927 000	24 680 000	6 092 000
Expenditure	14 329 000	15 420 000	14 687 000	3 524 000
Operating Profit	11 546 000	4 507 000	9 993 000	2 568 000
Financial Income	351 000	13 000	65 000	35 000
Financial Costs	143 000	66 000	182 000	144 000
Financial Balance	208 000	−53 000	−117 000	−109 000
Earnings Before Tax	11 754 000	4 453 000	9 876 000	2 458 000
Tax	2 586 000	980 000	2 173 000	541 000
Net Income	9 168 000	3 474 000	7 704 000	1 917 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	404 925 000	408 929 000	416 050 000	420 255 000
Total Current Assets	35 342 000	20 547 000	13 982 000	11 304 000
Total Assets	440 267 000	429 476 000	430 033 000	431 559 000
Total Retained Equity	0	0	0	0
Total Equity	416 441 000	416 441 000	416 441 000	394 435 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	23 825 000	13 035 000	13 591 000	37 124 000
Total Equity and Debt	440 267 000	429 476 000	430 033 000	431 559 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 406 000	19 401 000	24 127 000	0
Other Income	470 000	526 000	553 000	6 092 000
Revenue	25 876 000	19 927 000	24 680 000	6 092 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	9 203 000	9 203 000	9 196 000	2 290 000
Impairment	0	0	0	0
Expenditure	14 329 000	15 420 000	14 687 000	3 524 000
Operating Profit	11 546 000	4 507 000	9 993 000	2 568 000
Financial Income	351 000	13 000	65 000	35 000
Financial Costs	143 000	66 000	182 000	144 000
Financial Balance	208 000	−53 000	−117 000	−109 000
Dividends	16 347 000	10 652 000	14 877 000	0
Net Income	9 168 000	3 474 000	7 704 000	1 917 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 594 000	4 570 000	2 545 000	504 000
Real Eastate	398 331 000	404 359 000	413 506 000	419 751 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	398 331 000	404 359 000	413 506 000	419 751 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	404 925 000	408 929 000	416 050 000	420 255 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	35 342 000	20 547 000	13 982 000	11 304 000
Total Assets	440 267 000	429 476 000	430 033 000	431 559 000
Total Equity	416 441 000	416 441 000	416 441 000	394 435 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	750 000	920 000	1 493 000	0
Dividends	16 347 000	10 652 000	14 877 000	0
Other Current Debt	23 075 000	12 115 000	12 098 000	37 124 000
Total Current Debt	23 825 000	13 035 000	13 591 000	37 124 000
Total Equity and Debt	440 267 000	429 476 000	430 033 000	431 559 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,2 %	0,83 %	1,85 %	0,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	44,62 %	22,62 %	40,49 %	42,15 %
Current Ratio	1,48	1,58	1,03	0,3
Quick Ratio	1,48	1,58	1,03	0,3
Equity Ratio	0,95	0,97	0,97	0,91
Gross Profit Margin	100 %	100 %	100 %	100 %